The Relative Strength (RS) Rating for Alphabet Cl C headed into a higher percentile Tuesday, as it got a lift from 66 to 71.
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IBD's proprietary RS Rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the market's biggest winners typically have an 80 or better RS Rating in the early stages of their moves. See if Alphabet Cl C can continue to rebound and hit that benchmark.
Alphabet Cl C is trying to complete a cup without handle with a 208.70 buy point. See if it can clear the breakout price in volume at least 40% above average.
The company reported 26% EPS growth in the latest quarterly report. Sales increased 12%. The next quarterly results are expected on or around Jul. 23.
Alphabet Cl C holds the No. 6 rank among its peers in the Internet-Content industry group. Kanzhun ADR, Pinterest and Meta Platforms are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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